Forex Signals

We don’t see things as they are, we see things as we are. ~ Anais Nin Good morning. Dollar’s decline continues as euro just popped through $1.300 yesterday, recovering from early bids around $1.2900. USD Index As seen in the daily chart below, key support level formed by the horizontal line which was a temporary top [...]

Quote of the day:“Be wiser than other people, if you can, but do not tell them so.” ~ Lord Chesterfield Good morning. Dollar holds onto gains as euro’s rally on Friday was short lived and sellers rushed in when price reached $1.3600/15, not far below $1.3650 – the barrier highlighted in my previous post. Dollar Index [...]

Quote of the day:“In a networked world, trust is the most important currency.” ~ Eric Schmidt Good morning. Yesterday’s euro recovery was short-lived as the pair fell back below $1.37 during the Asian session and reached a 10-year low against the Japanese yen. A conference call between Greek Prime Minister George Papandreou, Angela Merkel and Nicolas Sarkozy is one [...]

Quote of the day: “Prosperity is only an instrument to be used, not a deity to be worshipped.” - Calvin Coolidge
EURUSD – 1.4357 @06:54 GMT
Good morning. The euro continues to recover after finding support at $1.4200 yesterday and the 4-hrs chart looks slightly bullish now that 1.4300/30 is breached. In spite of recent bullish candles on [...]

Quote of the day: “Do something every day that you don’t want to do; this is the golden rule for acquiring the habit of doing your duty without pain.” – Mark Twain
EURUSD – 1.4649 @07:11 GMT
Good morning. My summer holiday is over, so I’m getting back to the usual routine. The 2-week holiday was awesome [...]

Quote of the day:“If the facts don’t fit the theory, change the facts” – Albert Einstein
EURUSD – 1.4250 @06:40 GMT
Good morning. 1.4230/50 is currently providing minor intraday support after yesterday’s recovery initiated at 1.4130. Current upside pullback is still weak compared to last down leg from 1.4935 to 1.4050, so there’s still more room EUR [...]

Risks include:

Sovereign debt and associated imbalances
Unsustainable patterns of demand

BOSTON (
MarketWatch ) — There’s a good chance the stock market will return 6.5% over the coming decade, after inflation, according to a new study. It’s not as though that’s money in the bank, but the findings can serve as a useful reality check for those trying to predict a rate of return for the [...]